by | Mar 7, 2011 | Towing
Recent market sell-offs may have been more about paranoia than about real risk. JPMorgan calculations indicate that the potential impact of rising oil prices on the economy may be less than most investors think. But the fear fa…
by | Mar 7, 2011 | Towing
Economists and commentators talk why initial jobless claims need to falling below the 400,000 level. But exactly why is that number significant for the U.S. economy and investors? Here’s the lowdown, based on the past performan…
by | Mar 7, 2011 | Towing
During the past three decades, businesses of all sizes have shifted away from traditional defined-benefit plans to defined-contribution plans, also known as 401(k)s. Now, states and local governments are doing the same, even th…
by | Mar 7, 2011 | Towing
Markets in Asia reacted to a surge in the price of oil, which crossed the $106 per barrel today. In Hong Kong the Hang Seng Index dipped 0.4% and in Japan the Nikkei 225 Index tumbled 1.8%. Meanwhile, China’s Shanghai Composit…
by | Mar 7, 2011 | Towing
Last week, oil’s ascent trumped a raft of healthy U.S. economic reports. With a relatively light slate of economic data scheduled this week, oil prices and political turmoil in the Middle East could play an even larger role in …